QCB Grants Licenses to Providers of Website Services to Compare Prices of Insurance Policies

Doha, August 12 (QNA) - Qatar Central Bank (QCB) has called on companies that are willing to work in providing website services to compare prices of insurance policies to promptly submit applications to receive the required license from the bank.
In a statement on Saturday, QCB outlined that this announcement comes in alignment with financial sector and fintech strategies and stemming from QCB's unremitting commitment to regularizing and upgrading the financial sector in Qatar.
The statement added that the instructions concerning the websites of comparing prices of insurance policies are intended to license and regularize operation of providers of services of websites of comparing prices of insurance policies in Qatar, pointing out that such informative instructions can be accessed through QCB's official website. (QNA)